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Tuesday, October 05, 2021

πŸ”Ί EURUSD: downside targets not yet reached.

πŸ”Ί EURUSD: downside targets not yet reached.

EUR/USD OANDA:EURUSD

🏁 The closest level of resistance for Monday is the strike level of the hedge zone (1.1635).
The main scenario is a successful test of this resistance and the subsequent decline to the level of the smallest net profit of the market maker (1.1573).
In case of breakdown and fixation below the market maker's loss level (1.1573), the final target of the decline before the close of the trading day is an important option level at the price level of 1.1538.
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